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LOT<br />
4<br />
385 Bitterne Road, Bitterne,<br />
Southampton,<br />
Hampshire SO18 5RR<br />
6 WEEK COMPLETION<br />
Reserve Below<br />
£275,000<br />
SITUATION<br />
Occupying a prominent trading position in the busy pedestrianised section of Bitterne<br />
Road amongst such multiple occupiers as Boots, Greggs, Cash Converters, Iceland,<br />
Peacocks, Pizza Hut, Sainsburys, Stead and Simpson and others.<br />
Bitterne is one of Southampton’s principal district shopping centres, lying some 2<br />
miles east of Southampton City Centre.<br />
PROPERTY<br />
A Ground Floor Shop with separate rear access to a Self-Contained Flat above.<br />
ACCOMMODATION<br />
Ground Floor Shop<br />
Gross Frontage 18'5" Internal Width 17'9"<br />
Built Depth 43'0"<br />
GIA Approx 1,085 sq ft ITZA 567 Units<br />
WC<br />
First and Second Floor Flat – 3 Rooms, Kitchen, Bathroom/WC<br />
VAT is NOT payable in respect of this Lot<br />
FREEHOLD<br />
TENANCY<br />
The entire property is let on a <strong>full</strong> repairing and insuring lease to A M Kempton as<br />
a Butcher for a term of 15 years from 26th March 2010 at a current rent of<br />
£24,500 per annum exclusive.<br />
Rent Reviews 2015 and 2020<br />
Note: We are informed that the flat is sub-let on an AST.<br />
© CROWN COPYRIGHT. All rights reserved.<br />
Licence number 100040809 – Plan not to scale<br />
£24,500 per annum<br />
The Surveyors dealing with this property are<br />
VENDOR’S SOLICITORS<br />
Mischon de Reya - Tel: 020 7440 7027<br />
Ref: I. Lipman Esq - Email: ian.lipman@mishcon.com<br />
MATTHEW BERGER and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />
The successful Buyer will be liable to pay the Auctioneers an administration<br />
fee of £275 (including VAT) upon exchange of contracts<br />
15